Answer:
$1,500
Explanation:
Given the compounding formula 
And given an investment (P), made at 16% compounded annually (r), and an ending amount of $1,740 (A) at the end of the year (n = 1 year), the original amount invested (P) can be computed as follows.
= P = 1,740/1.16 = 1,500.
Therefore, the original investment was $1,500.
Answer:
Revenue that has been earned by the end of December is $ 140,000
Explanation:
When entity uses the accrual method of accounting, the transaction is recorded as and when it occurs.
The subscription revenue received relates to services to be rendered over 12 months. Therefore the Revenue is recognised as magazines are issued over - time.
<em>From the first issue June to end of December , there exists 7 issues of magazines.</em>
Revenue to be recognised = $240,000 × 7/12
= $ 140,000
Answer:
Topic Building
Explanation:
Sam is at this point trying to build his topic for the speech.
It is based on this topic a speech write up will be made.
Answer:
The following are the answers to the question, using the FASB Acounting Standards Codification at the FASB website:
1. Topic 260, FASB Accounting Standards Codification is the topic number (Topic XXX) that provides the accounting for earnings per share.
2. FASB ASC 260-10-50-1
3. FASB ASC 260-10-50-2
Answer:
(e) defensiveness
Explanation:
The best option amongst all is defensiveness.
The workers action could also be understood as defensiveness. Hostility or having an unfriendly attitude is a major barrier in communication especially in organizations.
The workers were not open minded and lacked respect to listen to what Scott would have said at the meeting.
Other barriers to communication includes, Emotions, Cultural Barriers etc.
